NLR vs. WMT
NLR (VanEck Uranium and Nuclear ETF) is Alternative Energy Equities fund tracking the MVIS Global Uranium & Nuclear Energy Index, while WMT (Walmart Inc.) is a stock. Over the past 10 years, NLR returned 12.72%/yr vs 19.62%/yr for WMT. At a 0.26 correlation, their price movements are largely independent.
Performance
NLR vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, NLR achieves a -0.79% return, which is significantly lower than WMT's 7.98% return. Over the past 10 years, NLR has underperformed WMT with an annualized return of 12.72%, while WMT has yielded a comparatively higher 19.62% annualized return.
NLR
- 1D
- 0.91%
- 1M
- -12.54%
- YTD
- -0.79%
- 6M
- -6.08%
- 1Y
- 26.72%
- 3Y*
- 31.16%
- 5Y*
- 20.16%
- 10Y*
- 12.72%
WMT
- 1D
- 0.80%
- 1M
- -8.13%
- YTD
- 7.98%
- 6M
- 6.15%
- 1Y
- 23.97%
- 3Y*
- 34.37%
- 5Y*
- 22.47%
- 10Y*
- 19.62%
NLR vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLR VanEck Uranium and Nuclear ETF | -0.79% | 56.50% | 14.26% | 36.67% | 2.29% | 13.63% | 3.49% | 0.20% | 4.94% | 8.25% |
WMT Walmart Inc. | 7.98% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between NLR and WMT is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2007 | 0.26 |
The correlation between NLR and WMT shifts across timeframes, from -0.07 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NLR vs. WMT — Risk / Return Rank
NLR
WMT
NLR vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Uranium and Nuclear ETF (NLR) and Walmart Inc. (WMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| NLR | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.20 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 1.53 | -0.49 |
| Martin ratioReturn relative to average drawdown | 2.08 | 5.02 | -2.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NLR | WMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.02 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 1.04 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.91 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.64 | -0.48 |
Drawdowns
NLR vs. WMT - Drawdown Comparison
The maximum NLR drawdown since its inception was -65.05%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for NLR and WMT.
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Drawdown Indicators
| NLR | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.05% | -77.14% | +12.09% |
Max Drawdown (1Y)Largest decline over 1 year | -25.80% | -15.75% | -10.05% |
Max Drawdown (3Y)Largest decline over 3 years | -30.48% | -21.93% | -8.55% |
Max Drawdown (5Y)Largest decline over 5 years | -30.48% | -25.74% | -4.74% |
Max Drawdown (10Y)Largest decline over 10 years | -34.35% | -25.74% | -8.61% |
Current DrawdownCurrent decline from peak | -25.03% | -10.71% | -14.32% |
Average DrawdownAverage peak-to-trough decline | -35.71% | -14.63% | -21.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.87% | 4.79% | +8.08% |
Volatility
NLR vs. WMT - Volatility Comparison
VanEck Uranium and Nuclear ETF (NLR) has a higher volatility of 13.36% compared to Walmart Inc. (WMT) at 10.26%. This indicates that NLR's price experiences larger fluctuations and is considered to be riskier than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLR | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.36% | 10.26% | +3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 33.24% | 18.59% | +14.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.96% | 23.72% | +19.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.43% | 21.68% | +7.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.14% | 21.73% | +2.41% |
Dividends
NLR vs. WMT - Dividend Comparison
NLR's dividend yield for the trailing twelve months is around 2.57%, more than WMT's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLR VanEck Uranium and Nuclear ETF | 2.57% | 2.55% | 0.76% | 4.54% | 2.02% | 1.99% | 2.23% | 2.21% | 3.91% | 4.86% | 3.62% | 3.30% |
WMT Walmart Inc. | 0.81% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
NLR and WMT have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLR has higher volatility (13.36%) compared to WMT (10.26%). In terms of maximum drawdown, NLR dropped -65.05% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.02 vs 0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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